Intuit's quarterly earnings top estimates but soft guidance dissapoints [Yahoo! Finance]
Intuit Inc. (INTU)
Last intuit inc. earnings: 2/24 04:01 pm
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Source: Yahoo! Finance
Intuit Inc (NASDAQ:INTU, XETRA:ITU) reported better-than-expected results for the fiscal second quarter, but its shares came under pressure as its guidance fell short of expectations. The company behind the platforms Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp said it expects earnings between $12.45 and $12.51 for the current quarter, below the consensus $12.97. The company also said it expects revenue growth of 10%, representing a slowdown from 17% growth in the December quarter. For Q2, revenue increased to $4.7 billion, ahead of expectations of $4.53 billion. Global Business Solutions revenue was up 18% at $3.2 billion, Online Ecosystem revenue grew 21% to $2.5 billion, and Consumer revenue was up 15% at $1.5 billion. Earnings per share of $4.15 beat estimates of $3.68 and marked a 25% improvement from the year-ago quarter. "We delivered an outstanding second quarter, driven by disciplined execution,” Intuit CEO Sasan Goodarzi said in a statement. Sandeep
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INTU
News
- Intuit (INTU) had its price target lowered by Daiwa Securities Group Inc. from $800.00 to $640.00. They now have a "buy" rating on the stock.MarketBeat
- Intuit (INTU) was upgraded by Argus to "strong-buy".MarketBeat
- Intuit Inc. (INTU) Posts Strong Earnings Amid Sector-Wide AI Concerns [Yahoo! Finance]Yahoo! Finance
- Intuit (INTU) had its price target lowered by Argus from $780.00 to $580.00. They now have a "buy" rating on the stock.MarketBeat
- Intuit (INTU) had its price target lowered by TD Cowen from $658.00 to $633.00. They now have a "buy" rating on the stock.MarketBeat
INTU
Earnings
- 2/26/26 - Beat
INTU
Sec Filings
- 2/26/26 - Form 10-Q
- 2/26/26 - Form 8-K
- 1/30/26 - Form 8-K
- INTU's page on the SEC website